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FTC and states call for Facebook divestiture -- legalese for break up. 
https://www.ftc.gov/system/files/documents/cases/1910134fbcomplaint.pdf
https://www.ftc.gov/system/files/documents/cases/1910134fbcomplaint.pdf
Complaint: In a 2008, email Zuck says âit is better to buy than compete.â Woah.
Another gem: "Mr. Zuckerberg saw that Facebook had fallen far behind, writing internally: 'In the time it has taken us to get ou[r] act together on this[,] Instagram has become a large and viable competitor to us on mobile photos, which will increasingly be the future of photos'
Aww yeah, this is the difference that subpoena power makes. The FTC and the States got the good stuff!
"After Facebook announced the acquisition of WhatsApp, employees internally celebrated the acquisition of 'probably the only company which could have grown into the next FB purely on mobile[.]'"
Good to see the FTC using Section 5 of the FTC Act, which is broader than the Sherman Act and Clayton Act. Been quoting from the FTC's complaint and now turning to the states' complaint!
Very important point in the statesâ complaint and a common strategy of platform monopolists - open first, closed later
The states' complaint nails the crux of it all with this one statement - Facebook's tactics "sought to extinguish or impede, rather than outperform or out-innovate, any competitive threat that might challenge Facebookâs dominance."
How quaint - what antitrust lawyers call nascent competitors, Facebook calls âearly birdsâ 
